Central America Bottling Corporation Completes Cash Tender Offer for $401 Million in Notes
The Central America Bottling Corporation (CBC) and its co-issuers announced the results of a cash tender offer for up to $400 million of their outstanding 5.250% Senior Guaranteed Sustainability-Linked Notes due 2029. A total of $801,788,000 in principal amount was validly tendered by holders as of September 23, 2026 — representing over 72% of the outstanding notes. The co-issuers will accept all tendered notes on a pro rata basis with an approximate proration factor of 50%. Holders who tendered their notes are eligible to receive $992.50 per $1,000 principal amount accepted for purchase, along with accrued interest. Payment is expected by October 1, 2026, and withdrawal rights have expired as of the expiration time on September 23. The tender offer was subject to conditions including a concurrent offering of new notes. BofA Securities Inc., Citigroup Global Markets Inc., and J.P. Morgan Securities LLC served as dealer managers for the transaction. The announcement provides no recommendation regarding whether holders should participate in the tender, emphasizing that it is informational only.
Topics: corporate finance debt tender offer